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Newly rebuilt 8-unit multifamily located in downtown New Bedford. Projected post-CO gross yield of approximately 10.6% based on projected monthly rent of approximately $13,300. Well suited for investors seeking a near-new construction asset with a clear path to stabilization.The property consists of 8 units, including 6 one-bedroom units and 2 studios. The building has undergone a full gut renovation with all-electric, high-efficiency systems throughout. Certificate of Occupancy is targeted for March, with lease-up expected shortly thereafter. Strong rental demand in the area.Renovations include new mechanical, electrical, plumbing, insulation, windows, and modern interior finishes. Designed for efficient long-term operation with minimal deferred maintenance.Well positioned for stabilization and long-term income in a growing downtown market.

Property Details of 110 Eighth Street

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Listed by Derek Greene of The Greene Realty Group

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